Banks Central bank denies Egypt seeking IMF loan aya salah Mar 10, 2016 0 Egypt dismissed as inaccurate reports that it is seeking a loan from the International Monetary Fund (IMF),…
Banks Egypt central bank ends foreign currency caps on individuals Yomna Yasser Mar 8, 2016 0 Egypt's Central Bank (CBE) has lifted the monthly cap on dollar deposits and withdrawal by individuals, it said in…
Banks CBE sells $551 million in exceptional FX auction aya salah Mar 7, 2016 0 Egypt's central bank (CBE) sold $551 million to banks in an exceptional foreign exchange auction that was hold…
Banks Egypt’s foreign reserves climb to $16.5 billion in February Yomna Yasser Mar 3, 2016 0 Egypt’s foreign currency reserves have surged by $56 million in February for the fifth consecutive month, to reach…
Banks Faisal Islamic Bank receives five low-income housing mortgage requests aya salah Mar 3, 2016 0 Faisal Islamic Bank of Egypt has received the first five applications Thursday related to the central bank's…
Banks CIB appoints Hisham Ramez as managing director aya salah Feb 28, 2016 0 Commercial International Bank (CIB), Egypt's largest listed company, said on Sunday it had appointed former…
Banks CBE amends the mortgage finance initiative keeping in mind low-income earners aya salah Feb 27, 2016 0 Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
Egypt News Egypt targets new 656,000 affordable homes in 2 1/2 years aya salah Feb 25, 2016 0 Egypt's government is aiming to finish building 656,000 socially affordable housing units over the coming two and…
Banks CBE to consider floating pound when foreign reserves hit $30bn Noha Gad Feb 23, 2016 0 The Central Bank of Egypt (CBE) will consider floating the local currency when foreign reserves hit between $25bn…
Banks CBE Deputy Governor explains dollar cap increase to reguators aya salah Feb 15, 2016 0 Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…